Enforcement actions

When we take an enforcement action against an entity or person we believe has violated the law, we will post court documents and other related materials here.

The Bureau may enforce the law by filing an action in federal district court or by initiating an administrative adjudication proceeding. Administrative proceedings are conducted by an Administrative Law Judge, who holds hearings and issues a recommended decision. Proceedings are conducted in accordance with the Rules of Practice for Adjudication Proceedings.

The CFPB today took action against TitleMax parent company
TMX Finance LLC for luring consumers into costly loan renewals by presenting
them with misleading information about the deals’ terms and costs.

The CFPB today took action against for-profit college chain Bridgepoint
Education, Inc. for deceiving students into taking out private student loans
that cost more than advertised. The Bureau is ordering Bridgepoint to discharge
all outstanding private loans the institution made to its students and to
refund loan payments already made by borrowers.